Now Here: Casascius 1000 BTC Fine Gold Coin

[casascius]

Now Here:



A real charming 1 ounce gold coin with 1000 bitcoins.

DIAMETER: 30mm

COST: $200 premium over gold spot price (subject to a $1850 per coin reserve), plus shipping, plus you provide the 1000 BTC.  Complete with BTC, this is approximately a $5000 coin.  Shipping is via Registered Mail with insurance.

I will need 3 business days to fill orders.  The coin comes with a gift box and 39mm capsule, including a custom-made Bitcoin-themed acrylic ring to fill the unused space in the capsule.

I will be accepting either BTC or USD wire transfer for this item.  To do this, I had to prepay the gold, which has gone down recently, I am putting my faith in gold going back up and therefore selling subject to a reserve.  This is a coin I am having made on demand, and it doesn't make sense for me to pick up a coin to sell it at a loss.  I need to get at least $1850 per coin, so if gold spot plus $200 is less than $1850, then the coin is not currently for sale (or else is available at $1850 plus BTC and shipping).  This may be the lowest price at which this coin will ever be available.

If you want to pay by USD wire, I can buy your 1000 BTC on your behalf and you pay the actual cost for me to buy it at MtGox.

To order: PM me.  I will provide you a signed agreement to deliver your coin subject to payment.

Registered Mail is the most secure shipping service offered by the US Postal Service, meant for shipping precious metals, gems, and currency.  It comes with full replacement insurance, and each shipment has a full chain of custody from shipment to receipt.  Picking up Registered Mail always requires photo ID.  Approximate cost to ship in the US is $23.00.

Back of coin: Firstbits are discreetly lasered into the top of the coin.  No inkjet, no window.

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[Rejinx]

This may be the highest face value coin of this size ever made.  

[Coinabul]

Very nice!

[Turbor]

  looks great. If only i had so much coins...

[mc_lovin]

That's amazing!

[cbeast]

Very nice, but doesn't the very existence of these threaten the adoption of Bitcoin? Two years ago you could have made a 1 Million BTC coin and all 7 of you would now enjoy Bitcoin trading. There is a need for physical Bitcoin, but where do you draw the line?

[btc_artist]

Excellent job Mike!

[btc_artist]

Very nice, but doesn't the very existence of these threaten the adoption of Bitcoin? Two years ago you could have made a 1 Million BTC coin and all 7 of you would now enjoy Bitcoin trading. There is a need for physical Bitcoin, but where do you draw the line?

The bitcoins from it can be redeemed and traded.  And there is a big difference between 1000 and 1000000.  And what is the difference between buying 1000 BTC and storing them in this coin or storing them in wallet.dat on your computer?

I'm not seeing the problem, unfortunately.

[DeathAndTaxes]

Very nice, but doesn't the very existence of these threaten the adoption of Bitcoin? Two years ago you could have made a 1 Million BTC coin and all 7 of you would now enjoy Bitcoin trading. There is a need for physical Bitcoin, but where do you draw the line?

The bitcoins from it can be redeemed and traded.  And there is a big difference between 1000 and 1000000.  And what is the difference between buying 1000 BTC and storing them in this coin or storing them in wallet.dat on your computer?

I'm not seeing the problem, unfortunately.

I don't see the problem either.  Someone hoarding coins is going to hoard coins.  Either in wallet, in an offline printed wallet stored in a safe, or in a shiny coin.

One could argue it puts a slightly higher barrier to spend (someone doesn't want to tear off the hologram because it can't be "undone") than an printed wallet but that effect can't be that big.  I am guess but I am sure Cascius will "re-hologram" a coin if someone wanted to reload it w/ value.  (i.e. ship coin back to him, pay 1000 BTC, he puts 1000 BTC into a new private address and put a new hologram on it). 

[mc_lovin]

I see this as being a very positive thing for bitcoin, not a negative.  If someone purchases 1000 BTC, that means there is more "money" in the bitcoin world and if it is sitting in a drawer somewhere being unspent, that is still "money" in the system.  It will bring up the value more, because the bitcoins will be purchased at market value.  It's like someone buying 1000 BTC on TradeHill and not spending it.  Plus people might have concerns with hacking or losing their bitcoin wallets in a computer crash, they know their bitcoins will be safe and sound in the sock drawer.

[Fiyasko]

I see this as being a very positive thing for bitcoin, not a negative.  If someone purchases 1000 BTC, that means there is more "money" in the bitcoin world and if it is sitting in a drawer somewhere being unspent, that is still "money" in the system.  It will bring up the value more, because the bitcoins will be purchased at market value.  It's like someone buying 1000 BTC on TradeHill and not spending it.  Plus people might have concerns with hacking or losing their bitcoin wallets in a computer crash, they know their bitcoins will be safe and sound in the sock drawer.

I harshly agree, A coldstorage FlashDrive loaded with 10kbtc feels less valuble to me than a 1000btc loaded Gold coin, Why? Because the Gold Coin wont break. And it LOOKS LIKE MONEY

[MemoryDealers]

Please place your credit card or PayPal orders here:

http://www.memorydealers.com/1000-casascius-bitcoins-gold-1-troy-ounce.html

[OgNasty]

Wow.

[bitcoinbetas]

Wow, just about crapped my pants when I saw that lol

[gnar1ta$]

Is $200 over spot a normal premium for gold coins? I know this isn't a normal coin, and I'm not suggesting it's not worth it, just wondering how coins work.

[worldinacoin]

Love to get one of these, but 1000 BTC!  Do not know how many of us have 1000 BTC

[Turbor]

Free bump sadly only a 1 BTC coin

[DeathAndTaxes]

Is $200 over spot a normal premium for gold coins? I know this isn't a normal coin, and I'm not suggesting it's not worth it, just wondering how coins work.

The premium over spot for bullion coins (American eagles, Candian Maple leafs, etc) is usually ~$60 to $80 if only purchasing one or two units at retail.  When you consider hundreds of thousands if not millions of these are minted each year having a premium of "only" $200 for a custom coin is actually pretty good.

Cascius may be able to provide some insight but I imagine the premium could be cut significantly (maybe even if half) if 100 or so coins were minted at once.  The issue ends up being capital.  100 ounces of gold is >$160,000.

[Otoh]

I expressed interest when these were first mooted & contacted Cass, he doesn't seem to run any update to those who wished to buy one when they became available - at least this shows the reverse behaviour than someone who was up to no good, all being well & the next time I'm in the States I would really love to add this to my bank box there as a compliment to the Chinese gold & MTG Beta slabbed Goxs

[casascius]

He is right, I am a terrible marketer... my website is also badly in need of updating (though it works)...

[dvide]

Gold-pressed bitcoin, anyone?

https://i.imgur.com/G7TCW.jpg

[naypalm]

What are you classifying the 500 BTC address located here: http://blockexplorer.com/address/1AWTGncUStas3jR2AQHrTgs7PHhyjDWmAF

Silver/Gold coin, Bar, Plated Bar?

Thanks

[smickles]

Oh wow, If only I could afford it right now!!

[casascius]

What are you classifying the 500 BTC address located here: http://blockexplorer.com/address/1AWTGncUStas3jR2AQHrTgs7PHhyjDWmAF

Silver/Gold coin, Bar, Plated Bar?

Thanks

I made a 500 BTC gold plated bar.

[naypalm]

I made a 500 BTC gold plated bar.

Awesome, thanks! 

[casascius]

He is right, I am a terrible marketer... my website is also badly in need of updating (though it works)...

though it's also fair to say that I'm hoping the gold price goes up before I start moving many of these...

[Otoh]

looking forward to the Casascius 10,000 BTC 1 Kilo gold ingot & then eventually the Casascius 100,000 BTC LMBA Good Delivery gold bar of 12.5 Kg  

ps ~ wish that I'd been in the States with the funds pre giftmas to snaffle a couple of those 1 Oz Au rounds

[Azrace]

I straightened you 7.5 BTC on request 17VgGti

accomplish your goal that got

[realnowhereman]

A quick question for Casascius:

(I appreciate that a lot of the value in your coins is commemorative rather than functional; it's not like I can put them in vending machines)

You're making some lovely products; but you seem to be making them in larger and larger denominations.  With bitcoin prices going up and up, isn't it the low denominations that are missing?

Already the 1 BTC coins are uncomfortably large for pocket change.  If we ever hit $30 again, then there will surely be space for $1, $2, $5 equivalents?  Perhaps the overheads are too high to make low denominations practical?

The above is not criticism; I'm merely interested.

[DoubleIcaras]

That thing is beautiful o.o

[casascius]

Re: smaller denominations

Making smaller denominations isn't practical for me - I have to charge a premium on par with the face value of the coin. But maybe someone else can do it more economically and I invite that.

Smaller change might be more feasible if it were issued as "X-Mark" tokens (google it) and the bitcoins held in a central bank (antithetical though to the decentralized concept of bitcoin). However it would enable easy vending and easy in-person trade since there already exists high tech acceptors for these coins that can be installed in vending machines.

[Azrace]

Hello Casascius, do not speak English, I sent you a 7.5 BTC on coins, have you received?
request 17VwgGti

Re: smaller denominations

Making smaller denominations isn't practical for me - I have to charge a premium on par with the face value of the coin. But maybe someone else can do it more economically and I invite that.

Smaller change might be more feasible if it were issued as "X-Mark" tokens (google it) and the bitcoins held in a central bank (antithetical though to the decentralized concept of bitcoin). However it would enable easy vending and easy in-person trade since there already exists high tech acceptors for these coins that can be installed in vending machines.

[realnowhereman]

Re: smaller denominations

Making smaller denominations isn't practical for me - I have to charge a premium on par with the face value of the coin. But maybe someone else can do it more economically and I invite that.

Of course your finances are your own business, I'm really only asking because it's interesting...

Surely as the dollar value of BTC goes up; the par you charge (is it called seigniorage?) measured in bitcoins comes down?  (I notice that that is already the case, that 1 BTC used to cost 1.65 BTC, and now costs 1.32 BTC -- unsurprisingly .65 BTC at $3.5 is approximately .32 at $6.5).

At $30, that's .06 BTC.  Therefore a 0.1 BTC Casascius coin (assuming a similar design to your current 1 BTC) would be 0.16 BTC?

Anyway... I'm just being pedantic.  I like the idea of your coins, but just felt that nobody is going to tip with a $30 value coin, should that price ever happen again.

[cbeast]

I'm waiting for the day when the gold coin will be in Satoshis. 

[casascius]

Just as an update, the gold spot price has risen enough to surpass my reserve, so the coin is now only $200 over gold's spot price (plus your BTC of course).

The coin is also available bare, without hologram or BTC.  Same price, just without the BTC.  Contact me if interested in this.

[PrintCoins]

A quick question for Casascius:

(I appreciate that a lot of the value in your coins is commemorative rather than functional; it's not like I can put them in vending machines)

You're making some lovely products; but you seem to be making them in larger and larger denominations.  With bitcoin prices going up and up, isn't it the low denominations that are missing?

Already the 1 BTC coins are uncomfortably large for pocket change.  If we ever hit $30 again, then there will surely be space for $1, $2, $5 equivalents?  Perhaps the overheads are too high to make low denominations practical?

The above is not criticism; I'm merely interested.

I think he is aiming more for the collector items rather than pocket change. If you are looking for small potatoes, I have a 0.50 bill, and if the price gets up to $10 I will probably be making smaller denomination bills (I have them planned all the way down to 0.01 BTC).

Mike makes an excellent product and as such it costs him a lot to produce it.

For those who feel that this locks up bitcoins, keep in mind that whatever isn't get locked in the coin is part of a free market exchange for labor and materials (in this case gold) and thus stimulates the bitcoin economy. I also imagine that many of his smaller value coins are used as gifts and thus spreads the idea of bitcoin beyond the tech savvy community.

When someone sees this gold coin on some well-to-do's person office wall, they will know that this bitcoin thing is serious and maybe they should get in on the action.

[casascius]

Someone else is welcome to make coins smaller than 1 BTC. If there is interest in a combined order of tokens for 0.5 BTC I will try to throw it together.  But I will probably stick with 1BTC coins and larger myself.

The 0.5 BTC token will probably need a smaller diameter hologram.

[DeathAndTaxes]

Someone else is welcome to make coins smaller than 1 BTC. If there is interest in a combined order of tokens for 0.5 BTC I will try to throw it together.  But I will probably stick with 1BTC coins and larger myself.

The 0.5 BTC token will probably need a smaller diameter hologram.

I will make 1 satoshi coins.  Bad news is they will cost $3 each.   Total cost 1 satoshi + $3 USD (or equivelent BTC). 
Still someday you may break even.

Seriously I think some people forget that Bitcoin has no central bank.   Printing & coining is expensive however in a central bank those costs are simply absorbed by taxpayers and not seen directly.

A penny costs about 4.2 cents to make.  I guarantee you if people had to pay 5.2 cents (1 penny in value + 4.2 cents in minting cost) to get a penny they wouldn't be minted anymore.  We likely wouldn't even mint nickles or dimes either.

[PrintCoins]

dollars cost 9c to make and last 2 yrs.

[casascius]

can you still do $200 over spot?

thanks

Only when the price of gold puts it above my stated reserve of $1850.  And in particular, only when it's going to the US.

If it needs to go outside the US, I am resorting to an undisclosed but unusual and novel way of getting it there safely, which adds a bit to the cost, and that's reflected in the posted price.

[Otoh]

I must say that I would still love one of these, but now with some pretty reliable guaranteed funds payback borrowers - say paying the least risk 2% per week, then the effective holding or opportunity cost of these beauts is their own bitcoin value in one year 1,040 BTC uncompounded, but for absolute cold storage then still hits the sweet spot especially if it's to be generational, lets hope that their collectable/rarity value increases eventually at the same 100% or so per year that putting the coins out to work would do

here's what I really, really wants though - one of these, but made out of a 1,000 BTC Casascius coin

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=270980470752

would need some different tech to house the private key inside (or somewhere) tamper proof & drool proof, but would be sweet  

edit, actually maybe on the inside of the backside of the coin protected by hologram same as now would work simply & be fine

edit 2, a 80's style digital watch window inset in the face would make for lower production costs, I'd still prefer the Corum Swiss movement & hands myself, though either would be cool, the digital version you could have so it can click up to show your BTC balance in cold storage or interface with an Armoury wallet or something - once a day every time the time was 13:37 it would also make a leet sound of course, tra la  

edit 3, some pics:









feel free to photoshop them to 1,000 bitcoin goodness 

[mc_lovin]

I must say that I would still love one of these, but now with some pretty reliable guaranteed funds payback borrowers - say paying the least risk 2% per week, then the effective holding cost of these beauts is their own bitcoin value in one year 1,040 BTC uncompounded, but for absolute cold storage then still hits the sweet spot especially if it's to be generational, lets hope that their collectable/rarity value increases eventually at the same 100% or so per year that putting the coins out to work would do

here's what I really, really wants though - one of these, but made out of a 1,000 BTC Casascius coin

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=270980470752

would need some different tech to house the private key inside (or somewhere) tamper proof & drool proof, but would be sweet 

edit, actually maybe on the inside of the backside of the coin protected by hologram same as now would work simply & fine

That's a wicked idea, that would be the most 1337 watch on earth!

[Fefox]

I must say that I would still love one of these, but now with some pretty reliable guaranteed funds payback borrowers - say paying the least risk 2% per week, then the effective holding or opportunity cost of these beauts is their own bitcoin value in one year 1,040 BTC uncompounded, but for absolute cold storage then still hits the sweet spot especially if it's to be generational, lets hope that their collectable/rarity value increases eventually at the same 100% or so per year that putting the coins out to work would do

here's what I really, really wants though - one of these, but made out of a 1,000 BTC Casascius coin

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=270980470752

would need some different tech to house the private key inside (or somewhere) tamper proof & drool proof, but would be sweet  

edit, actually maybe on the inside of the backside of the coin protected by hologram same as now would work simply & be fine

edit 2, a 80's style digital watch window inset in the face would make for lower production costs, I'd still prefer the Corum Swiss movement & hands myself, though either would be cool, the digital version you could have so it can click up to show your BTC balance in cold storage or interface with an Armoury wallet or something - once a day every time the time was 13:37 it would also make a leet sound of course, tra la  

That is such a cool idea!! now I need one 

[ice_chill]

So we pay around $1900 for the Coin's material worth, and another 1000BTC ? Making it worth $6900 ? How do we then reclaim the BTC back ?

[Otoh]

That is a bad ass watch. How hard would it be to turn one of the 1000 BTC coins into one?

Thanks.


(BTW im getting very close to getting the funds to buy a BTC 1000 coin!  Just need my funds form bitcoinica!)
 wh000!!

Famous last words, but congrats on landing one anyway - not obvious to turn a Casascius 1,000 coin into one of these watches, but may be interesting if Cas took it up with Corum for a feasibility/market study

Request for a 100,000 LTC (Litecoin) 1 oz platinum Casascius coin run, say $6,000 - $10,000 for the coins depending if you can get good OTC bulk prices (prob more as there's only about 9M out there atm I think), plus $1,400 for the platinum + $200 mark up & maybe more for first run tooling etc, $10,000 to $12,000 a pop perhaps

Also 10,000 LTC, 1,000 LTC etc would be cool too

btw OP could be updated to > $12,500 just for the BTC atm + $1,850 ($1,600 gold + $250 to your min gold price) + $200 Cas = $14,550

edited 15th Aug

[HeavyMetal]

Is $200 over spot a normal premium for gold coins? I know this isn't a normal coin, and I'm not suggesting it's not worth it, just wondering how coins work.

I pay around $60 a troy oz for a quality gold coin like a Canadian maple.

I can understand the need for such a high premium for a limited run coin, custom coins are not cheap.

[casascius]

The Gold Coin is now available in a two-factor version at no additional charge.

Two-factor means that two private keys are needed to redeem the funds from the coin.  I generate one private key, and you generate the other.  Simply put your copy of the private key inside the presentation box, such as in the void spaces behind the fabric (which you can pop out with a credit card).

This completely eliminates any requirement to trust that I don't have the private keys to your coin.

Current owners of the gold coin can upgrade for just the actual shipping cost using the method of your choice - or if you know you'll meet me in person some time, arrange for me to bring a sticker and a new key.  Before doing so, you peel the label and hold on to your bitcoins, and I will resticker just the unfunded coin with a new private key.  I'll also provide a paper certificate with the new public key so you can compute/verify the correct two-factor funding address.

[allthingsluxury]

WOW beautiful coin!

[Yuhfhrh]

You really should have a picture of this on your website! 

[farlack]

Nice coin, did anyone buy these around the time thread was made? Would have doubled their money?

[Fjordbit]

Nice coin, did anyone buy these around the time thread was made? Would have doubled their money?

More like tripled. Bitcoin was at about $3 in late December. Casascius was saying the coin would cost about $5000 total. Now it would be worth $13,300 (value of coin) + $1,689 (value of gold) = $14,989.

[casascius]

I think I have a crazy idea: I think I might melt my remaining Casascius 1000 BTC gold coins (with year 2012) and do a new gold coin round with a different denomination.

If I do that, I think I might sell more of them.  The thing is, 1000 BTC are getting harder to come by.

If I were to make a special offering of my 2012 1000BTC gold rounds AS-IS (no hologram or private key) for $50 over spot, who'd be interested?

[naypalm]

Sounds like a good idea, maybe do a 100 or 500 BTC Gold coin

[allthingsluxury]

Now that is a piece of true art

[Yuhfhrh]

I think I have a crazy idea: I think I might melt my remaining Casascius 1000 BTC gold coins (with year 2012) and do a new gold coin round with a different denomination.

If I do that, I think I might sell more of them.  The thing is, 1000 BTC are getting harder to come by.

If I were to make a special offering of my 2012 1000BTC gold rounds AS-IS (no hologram or private key) for $50 over spot, who'd be interested?

You can count me as a preorder if you do decide to make a 100BTC gold coin. Although I wish it would be 2012 instead of 2013 to match the other coins I've collected 

[b!z]

Any free samples? 

[bg002h]

Now Here:



A real charming 1 ounce gold coin with 1000 bitcoins.

DIAMETER: 30mm

COST: $200 premium over gold spot price (subject to a $1850 per coin reserve), plus shipping, plus you provide the 1000 BTC. Complete with BTC, this is approximately a $5000 coin.

Wish I had the fiat back then!

[Melbustus]

I think I have a crazy idea: I think I might melt my remaining Casascius 1000 BTC gold coins (with year 2012) and do a new gold coin round with a different denomination.

If I do that, I think I might sell more of them.  The thing is, 1000 BTC are getting harder to come by.

If I were to make a special offering of my 2012 1000BTC gold rounds AS-IS (no hologram or private key) for $50 over spot, who'd be interested?

Did you ever melt down your remaining 1000BTC gold coin rounds? I see that 5 of these have been funded, total (with one having been opened last month). I guess the question is: Will there ever be more than 5 of these sold/funded?

[casascius]

Will add it back soon.

There are already more than 5. When buyers use the 2 factor option, the trackers don't show it because the addresses cannot be predicted in advance (but still start with 1Au).

[Melbustus]

Will add it back soon.

There are already more than 5. When buyers use the 2 factor option, the trackers don't show it because the addresses cannot be predicted in advance (but still start with 1Au).

Ok, thanks. I suppose I can parse the blockchain for 1Au addresses that have received a 1000 BTC transaction. :-)

[casascius]

I have not published how many I have sold.  This is intentional.  Most buyers of this item value their privacy.  I have offered them without a requirement to fund them with bitcoins, so a blockchain analysis won't lead to the true total sold.

I will offer the following information:

- I made 50, they all said 2012 and 1000BTC, and that despite my earlier suggestion, none of them have been destroyed, at least not by me.  I don't plan to make any more with those dies.  Any future gold Casascius coins will have a smaller denomination and a newer year.
- There are no unfunded gold coins issued with holograms UNLESS they are 2-factor.  I am willing to sell hologrammed 2-factor gold coins without funding (they are fundable, at the owner's option).  However the holograms are permanently and prominently laser-marked to indicate they are 2-factor coins.  For several reasons, someone wanting to buy a 2-factor coin second hand can't positively verify the correctness of seller's passphrase without ripping open the coin and therefore must trust the seller anyway, and I can't see someone buying such a coin without looking at the block chain, so I see it as pointless to put anyone's 1000 BTC at risk of loss in the mail by requiring such coins to always be sold funded.

EDIT: without -> with as noted below

[coblee]

I have not published how many I have sold.  This is intentional.  Most buyers of this item value their privacy.  I have offered them without a requirement to fund them with bitcoins, so a blockchain analysis won't lead to the true total sold.

I will offer the following information:

- I made 50, they all said 2012 and 1000BTC, and that despite my earlier suggestion, none of them have been destroyed, at least not by me.  I don't plan to make any more with those dies.  Any future gold Casascius coins will have a smaller denomination and a newer year.
- There are no unfunded gold coins issued without holograms UNLESS they are 2-factor.  I am willing to sell hologrammed 2-factor gold coins without funding (they are fundable, at the owner's option).  However the holograms are permanently and prominently laser-marked to indicate they are 2-factor coins.  For several reasons, someone wanting to buy a 2-factor coin second hand can't positively verify the correctness of seller's passphrase without ripping open the coin and therefore must trust the seller anyway, and I can't see someone buying such a coin without looking at the block chain, so I see it as pointless to put anyone's 1000 BTC at risk of loss in the mail by requiring such coins to always be sold funded.

I assume you mean "There are no unfunded gold coins issued with holograms UNLESS they are 2-factor"

Speaking of 2-factor, I really don't understand buying a casascius coin with 2-factor. The great thing about casascius coins is that you can trade them freely and the buyer only has to trust one person: Mike Caldwell. If you buy a 2-factor casascius coin with a password you choose, you can no longer sell that coin. Because there's absolutely no reason why anyone would buy it when they have to trust both you and casascius. So 2-factor casascius coins are not tradable, which defeats the sole purpose of having the coin. A buyer of a 2-factor coin can only use it to store bitcoins himself. And if that's the case, using a paper wallet from bitaddress.org is a much safer and cheaper way to do that. Just my 2 cents.

[casascius]

Here's where 2-factor shines:

1 - the unfunded savings bar.  It makes sense.  In this case, the product is a pretty 2-factor paper wallet.

2 - It's not entirely impossible for a 2-factor item to be certifiably tradable.  Upon observation that a 2-factor item has been properly funded, I can issue a signed message containing a BIP38 confirmation code that would allow a third party to verify the passphrase they were given corresponds to a coin I issued at the matching address.  I just have never offered such a thing in the past.  The confirmation code is like the private key, but contains G*factor instead of factor, so it's only useful for calculating the bitcoin address (and proving the passphrase is correct).

3 - part of the reason one might want to own a gold bitcoin is simply to collect it rather than redeem it or sell it.

4 - there is no need to trust in me on a 2-factor item, the only element of trust is one must trust I didn't screw up the production.  I can't steal the coins, period.  And I even make checking the production mostly verifiable.  When I sell a 2-factor item, I typically print 8 private keys, and use 1 of the 8 to make the item, and include the sheet with the remaining 7 in the shipment (there will simply be two holes in the page where the two private key halves were punched out to put in the product.  I typically make pen markings on the page before punching out the circles to provide a visible indicator through the hologram window that the circles in the product are the same paper that came from the page).  The remaining 7 keys are complete , encrypted with the same passphrase, exposed in plain sight, and can be funded with 0.01 and used to test the 2-factor system.  It's overwhelmingly likely that especially if funds can be retrieved from any of the first 7 codes, the 8th one is going to work too.

[coblee]

I have not published how many I have sold.  This is intentional.  Most buyers of this item value their privacy.  I have offered them without a requirement to fund them with bitcoins, so a blockchain analysis won't lead to the true total sold.

I will offer the following information:

- I made 50, they all said 2012 and 1000BTC, and that despite my earlier suggestion, none of them have been destroyed, at least not by me.  I don't plan to make any more with those dies.  Any future gold Casascius coins will have a smaller denomination and a newer year.
- There are no unfunded gold coins issued without holograms UNLESS they are 2-factor.  I am willing to sell hologrammed 2-factor gold coins without funding (they are fundable, at the owner's option).  However the holograms are permanently and prominently laser-marked to indicate they are 2-factor coins.  For several reasons, someone wanting to buy a 2-factor coin second hand can't positively verify the correctness of seller's passphrase without ripping open the coin and therefore must trust the seller anyway, and I can't see someone buying such a coin without looking at the block chain, so I see it as pointless to put anyone's 1000 BTC at risk of loss in the mail by requiring such coins to always be sold funded.

I assume you mean "There are no unfunded gold coins issued with holograms UNLESS they are 2-factor"

Speaking of 2-factor, I really don't understand buying a casascius coin with 2-factor. The great thing about casascius coins is that you can trade them freely and the buyer only has to trust one person: Mike Caldwell. If you buy a 2-factor casascius coin with a password you choose, you can no longer sell that coin. Because there's absolutely no reason why anyone would buy it when they have to trust both you and casascius. So 2-factor casascius coins are not tradable, which defeats the sole purpose of having the coin. A buyer of a 2-factor coin can only use it to store bitcoins himself. And if that's the case, using a paper wallet from bitaddress.org is a much safer and cheaper way to do that. Just my 2 cents.

Well I want one for life and was interested in the 2fa. I have no intent to ever sell it. My friend who also wants one is the same. Before BTC we were gold coin collectors.

Same here. The coin to have used to be the high relief gaudens. Now, it's definitely this coin... at least for me.

Here's where 2-factor shines:

1 - the unfunded savings bar.  It makes sense.  In this case, the product is a pretty 2-factor paper wallet.

2 - It's not entirely impossible for a 2-factor item to be certifiably tradable.  Upon observation that a 2-factor item has been properly funded, I can issue a signed message containing a BIP38 confirmation code that would allow a third party to verify the passphrase they were given corresponds to a coin I issued at the matching address.  I just have never offered such a thing in the past.  The confirmation code is like the private key, but contains G*factor instead of factor, so it's only useful for calculating the bitcoin address (and proving the passphrase is correct).

3 - part of the reason one might want to own a gold bitcoin is simply to collect it rather than redeem it or sell it.

4 - there is no need to trust in me on a 2-factor item, the only element of trust is one must trust I didn't screw up the production.  I can't steal the coins, period.  And I even make checking the production mostly verifiable.  When I sell a 2-factor item, I typically print 8 private keys, and use 1 of the 8 to make the item, and include the sheet with the remaining 7 in the shipment (there will simply be two holes in the page where the two private key halves were punched out to put in the product.  I typically make pen markings on the page before punching out the circles to provide a visible indicator through the hologram window that the circles in the product are the same paper that came from the page).  The remaining 7 keys are complete , encrypted with the same passphrase, exposed in plain sight, and can be funded with 0.01 and used to test the 2-factor system.  It's overwhelmingly likely that especially if funds can be retrieved from any of the first 7 codes, the 8th one is going to work too.

Yeah, I can see that for savings bar. But for a gold coin, even if I never plan to trade or sell it, knowing that I can't reduces the value for me. Maybe that's just me.

Good to know that you can prove that the passphrase is correct. Wonder if someone would ever ask you to do that. And don't get me wrong, I think you are providing a great service to offer 2-factor coins. It's a cool way to not have to trust you.

[casascius]

If you were transferring a 2factor coin, you'd be transferring the passphrase with it, and the buyer would want to verify it was correct.  As long as the 2nd buyer had a way to be assured that the confirmation code genuinely came from me, he could be assured he had the right passphrase.

I have thought of providing a restickering service (with new private key) for the gold and silver coins.  It probably would be at a much higher price than I might have charged in the past, but would allow someone to maximize the collectible value of the precious metal item they own.  An example might be to convert single factor gold coin to 2 factor, or simply to undo someone's choice to open their coin.  

[Nightowlace]

This is awesome. Did anyone ever purchase one?

[BitAddict]

This is the REAL coin, so amazing. The only problem is that nowadays is scary to own one of these... too much value 

[bennett616]

Lol "Value of Precious Metal' $1433.10"

Overall value of the coin now........ $129983.09 :0

Andy B

[BitAddict]

This is the REAL coin, so amazing. The only problem is that nowadays is scary to own one of these... too much value 

It was worth 1000 BTC 2 years ago and is worth 1000 BTC today

Yes, of course. In BTC is the same.... but in USD, $130k, is too much risk in just one coin, unless you're rich 

[tinus42]

This is the REAL coin, so amazing. The only problem is that nowadays is scary to own one of these... too much value  

It was worth 1000 BTC 2 years ago and is worth 1000 BTC today

Yes, of course. In BTC is the same.... but in USD, $130k, is too much risk in just one coin, unless you're rich  

It depends. If you tell everyone that you have a $130k coin it might tempt someone to steal it from you.

If you keep your mouth shut no-one is the wiser.

I wouldn't store it in a bank safe deposit box. Rather keep it at home. You can easily hide a coin of that size.

[Dabs]

There are 400+ addresses that have at least 3000 BTC in them. If they are stored on paper wallets (even ones which are not made of paper) or in cold storage, they are safe.

[BitAddict]

There are 400+ addresses that have at least 3000 BTC in them. If they are stored on paper wallets (even ones which are not made of paper) or in cold storage, they are safe.

I prefer paper wallets or cold storage in something doesn't look that is a lot of value, rather than having 1,000 gold coin (which looks expensive) unless you have loads of money and you don't care about that.

[zebedee]

There are 400+ addresses that have at least 3000 BTC in them. If they are stored on paper wallets (even ones which are not made of paper) or in cold storage, they are safe.

How do you know?  Or are you using the old data from the "z" thread?

[SOSLOVE868]

This coin is world highest face-value currency...

[raze]

*sees picture* Wow this is awesome
*reading through posts*

It's worth $5500 right now: http://casascius.appspot.com/group?type=6
I wonder how much it will be worth next year.

*sees date* Oh wow, this was ages ago. Sup $100,000+ coin

[dnaleor]

This coin is world highest face-value currency...

fcking hell...

This coin was worth 260000$ back in april
The gold value was almost negligible! 

[tinus42]

This coin is world highest face-value currency...

fcking hell...

This coin was worth 260000$ back in april
The gold value was almost negligible! 

cant wait until btc breaks 1000

If BTC ever reaches 100,000 (in the far future of course ) this coin will be worth more than the nominal GDP of Nauru, Tuvalu and Montserrat.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29

[SOSLOVE868]

This coin is world highest face-value currency...

fcking hell...

This coin was worth 260000$ back in april
The gold value was almost negligible! 

cant wait until btc breaks 1000

If BTC ever reaches 100,000 (in the far future of course ) this coin will be worth more than the nominal GDP of Nauru, Tuvalu and Montserrat.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29

who ever bought this coins ,is just going to be win anyway .

[miffman]

a 5000$ coin. if only

[SimonBelmond]

@Casascius

Will there be new gold coins? Like a 20 BTC or so? Any plans for the near future? Wish I would have bought one of these back then...

Edit: Maybe 20BTC will be the new 1000BTC soon? It's still 50 times less but I think you get the point.

THX

Simon

[BitAddict]

@Casascius

Will there be new gold coins? Like a 20 BTC or so? Any plans for the near future? Wish I would have bought one of these back then...

THX

Simon

Also interested.

I'm in the train too! 

[EscrowBTC]

The coin looks great!

Also, the value is great!

[n4ru]

Interested in hearing if there are any plans to make any more of these coins, maybe a special order?

[casascius]

I'm looking into it.

I might do a 10 BTC coin.  Just the fact that an ounce of gold went from being a neat way to dress 1000 BTC down to 10 BTC in two consecutive years makes for a noteworthy story in and of itself.

[n4ru]

I'm looking into it.

I might do a 10 BTC coin.  Just the fact that an ounce of gold went from being a neat way to dress 1000 BTC down to 10 BTC in two consecutive years makes for a noteworthy story in and of itself.

What about a coin identical to this one (1000 BTC funded) made to order?

[dnaleor]

I'm looking into it.

I might do a 10 BTC coin.  Just the fact that an ounce of gold went from being a neat way to dress 1000 BTC down to 10 BTC in two consecutive years makes for a noteworthy story in and of itself.

It's a pitty you didn't create the 1000 BTC coin in 2011 when BTC was around 1$ and GOLD (at that time) 1400 USD

Than you should have created a 100 BTC 1oz GOLD coin in 2012 when BTC was valued 10$ and GOLD 1600 USD

Than you could create 10 BTC coin this year with BTC at 100$ and GOLD at 1300$

The BTC and GOLD value of those coins could have been -at time of production- roughly the same
(give or take 50%, but we re used to a bit of BTC volatility )

2014: 1 BTC Gold coin? Gold value still around 1500 USD?

2015: 100 mBTC Gold coin?

[klondike_bar]

*sees picture* Wow this is awesome
*reading through posts*

It's worth $5500 right now: http://casascius.appspot.com/group?type=6
I wonder how much it will be worth next year.

*sees date* Oh wow, this was ages ago. Sup $100,000+ coin

whats up, $750,000 coin?

[BitcoinFr34k]

That's just crazy. How many people bought one of those coins?

[tinus42]

That's just crazy. How many people bought one of those coins?

5, but 2 of them are opened.

i have one of the 3 not opened.

Do you have taken out insurance for this coin? And if I may be so bold to ask, for how much?

[BitcoinFr34k]

That's just crazy. How many people bought one of those coins?

5, but 2 of them are opened.

i have one of the 3 not opened.

Lucky you . How does it feel to be a millionair?

[Dabs]

No insurance, but i have 4 rotts and i'm better armed than most island nations...

That's my kind of insurance. Some of the crazier ones here have tigers too.

[dnaleor]

I would buy a 1 BTC 1oz Gold coin now
I give you 2 BTC for it!

[klondike_bar]

I would buy a 1 BTC 1oz Gold coin now
I give you 2 BTC for it!

hopefully you realise that an ounce of gold is worth ~1.7BTC?

[dnaleor]

I would buy a 1 BTC 1oz Gold coin now
I give you 2 BTC for it!

hopefully you realise that an ounce of gold is worth ~1.7BTC?

I was joking :p
it wont take long for bitcoin to become more valuable than gold though...

I really think casascius should celebrate this parity with a gold coin!
And that coin would match my 1BTC 1oz silver coin

[DiamondCardz]

That's just crazy. How many people bought one of those coins?

5, but 2 of them are opened.

i have one of the 3 not opened.

...so that's why people say you're rich. I understand everything now at last. ._.

[DiamondCardz]

That's just crazy. How many people bought one of those coins?

5, but 2 of them are opened.

i have one of the 3 not opened.

...so that's why people say you're rich. I understand everything now at last. ._.

I get paid to troll so i have done well.

Interesting indeed.

[beetcoin]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

[naypalm]

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

Congratz on the sale

[tinus42]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

Gold has been suppressed for quite a while. It makes no sense, demand for gold is rising greatly yet the price keeps dropping. Bitcoin is unsuppressable by the JP Morgan's, Goldman Sach's and HSBC's of this world.

[wachtwoord]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

[BitAddict]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

WoW. Congrats!
I think is hard to say byebye to that beauty 

[BitcoinFr34k]

Wow that's pretty damn awesome Goat. Congratulations, throw yourself a party! :p

[wachtwoord]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment

The more important question though: where did you park the $1m in value?

[bitcoinpsftp]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment

The more important question though: where did you park the $1m in value?

DONT answer this hahaha.  4 years from now, when bitcoins are 100k each, and this man is sitting on a 100 million dollar coin, his house will be a better robbery location than a bank vault.  And about robbing physical bitcoins like on a golden coin or paper wallet, once you have it, it's super easy to spend the money afterwards.

Then again, I'm pretty sure it's in a VERY safe place, and not under a pillow even today!

[wachtwoord]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment

The more important question though: where did you park the $1m in value?

DONT answer this hahaha.  4 years from now, when bitcoins are 100k each, and this man is sitting on a 100 million dollar coin, his house will be a better robbery location than a bank vault.  And about robbing physical bitcoins like on a golden coin or paper wallet, once you have it, it's super easy to spend the money afterwards.

Then again, I'm pretty sure it's in a VERY safe place, and not under a pillow even today!

Goat might have started a "country" by then (or w/e qualifies as such then).

[dnaleor]

I just would have kept that purchase secret and enjoy my coin...
It is such a fascinating coin, worth more than 1 million USD !!!

[tinus42]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

No way I would have done that. I would have demanded a high markup. This is a very rare coin so why only sell it for the btc value?

Even the 1 BTC brass coins sell at a 40% premium.

[klondike_bar]

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.

How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

No way I would have done that. I would have demanded a high markup. This is a very rare coin so why only sell it for the btc value?

Even the 1 BTC brass coins sell at a 40% premium.

there was a premium.

btc was not $1000 at the time.

unless you sold when btc was under <$800 (why!?)m i would have assumed the 1000BTC bar to easily fetch >1300BTC from the right buyer.

[wachtwoord]

the price was set around this time yes.

also i doubt there were too many people willing to pay $250,000 for a coin. maybe but i don't happen to know them. im happy with what we got for it but i do miss the coin. it was my favorite possession but with my travel i was not able to watch over and protect it.

No kidding, if I'd own a coin worth a quarter mill it would be my favorite fucking possession too.

[casascius]

Fwiw I think Goat got the very first gold coin I ever completed

It may have not been the first funded but was the first prototype.

When he asked me to sell him a coin i was on my way to Vegas for DefCon and didn't have time to make a new one so I grabbed my own prototype coin and sold it.

[wachtwoord]

Fwiw I think Goat got the very first gold coin I ever completed

It may have not been the first funded but was the first prototype.

When he asked me to sell him a coin i was on my way to Vegas for DefCon and didn't have time to make a new one so I grabbed my own prototype coin and sold it.

I told the new buyer this story and glad you confirmed it. At times i wish i did not sell it but with my travel im not sure i could have kept it safe.

Thanks mike for making some epic stuff!

And good luck on dealing with those idiotic regulating agencies giving you grief.

[psyclon]

I thought trading BTC was illegal in prathet thai since earlier this year.

[psyclon]

I thought trading BTC was illegal in prathet thai since earlier this year.

Bitcoin is legal in thailand. Just like gold is legal.

that is true as you say it, however, according to this article here https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/ it is not legal to

    Buying Bitcoins
    Selling Bitcoins
    Buying any goods or services in exchange for Bitcoins
    Selling any goods or services for Bitcoins
    Sending Bitcoins to anyone located outside of Thailand
    Receiving Bitcoins from anyone located outside of Thailand

[psyclon]

The troll controlls that website. That is not a media source.

how about the Bangkok Post? http://www.bangkokpost.com/business/news/362222/bitcoin-declared-illegal-in-thailand

[taltamir]

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

[dopey]

Very cool man, great job.

[taltamir]

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

He was supposedly counterfeiting US dollars. That is not all what is going on here.

No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar". Even though it looked nothing like dollar coins, and was made of gold

[taltamir]

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

He was supposedly counterfeiting US dollars. That is not all what is going on here.

No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar"

you do not know what you are talking about. trust me, this is not the same issue.

http://en.wikipedia.org/wiki/Liberty_Dollar

They accused him of everything from counterfeiting to terrorism.

[stslimited]

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

He was supposedly counterfeiting US dollars. That is not all what is going on here.

No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar"

you do not know what you are talking about. trust me, this is not the same issue.

http://en.wikipedia.org/wiki/Liberty_Dollar

They accused him of everything from counterfeiting to terrorism.

You don't know what you are talking about.

This is Fincen stretching their jurisdiction pretty far to see what happens. This is a completely new interpretation of federal Money Transmitter laws at play here in regard to cascascius coins

[Campsis]

This coin is now 400k $ lol

[clovex]

Expensive as fuck coin! i cant imagine the value of this in 20 years

[Taras]

This coin is now 400k $ lol

If memory serves, one of these once sold for one million dollars from chaang noi to a private collector.

[Bitcoins101]

This coin is now 400k $ lol

If memory serves, one of these once sold for one million dollars from chaang noi to a private collector.

Do you know what the price of bitcoin was at the time?

[naypalm]

This coin is now 400k $ lol

If memory serves, one of these once sold for one million dollars from chaang noi to a private collector.

Do you know what the price of bitcoin was at the time?

Over $1000 at least.

[CrackedLogic]

Was this coin sold?

[Bitcoins101]

This coin is now 400k $ lol

If memory serves, one of these once sold for one million dollars from chaang noi to a private collector.

Do you know what the price of bitcoin was at the time?

Over $1000 at least.

I was very skeptical of your response, so I did a little digging. Look in the quotes in this post. He says it was less than $1,000 at the time, which was later deleted, but is preserved because someone quoted it. It was also the first 1,000 BTC coin ever made.

[Bitcoinexp]

Good god! Just imagine centuries from now, people will be digging this out, and muttering about how technologically advanced we were.

[xXTMC3Xx]

I really want to know if someone bought one of these.

[naypalm]

I was very skeptical of your response, so I did a little digging. Look in the quotes in this post. He says it was less than $1,000 at the time, which was later deleted, but is preserved because someone quoted it. It was also the first 1,000 BTC coin ever made.

Good to know, thanks for digging

[msc]

I really want to know if someone bought one of these.

5 sold, and 3 still intact, as far as I know:
http://casascius.uberbills.com/

[bitkilo]

I know this is a really old thread to revive but i just seen a link to it on another post and had to post what a beautiful piece of history this coin has, 1 rumoured to sell for $1,000,000.
Is there anymore of these if someone wanted, unfortunately not me.

I don't think many would mind seeing this again anyway.

[Monnt]

I know this is a really old thread to revive but i just seen a link to it on another post and had to post what a beautiful piece of history this coin has, 1 rumoured to sell for $1,000,000.
Is there anymore of these if someone wanted, unfortunately not me.

I don't think many would mind seeing this again anyway.

It really is a beautiful piece of bitcoin history. You could say that about this thread itself. It's face value, when loaded, would be 5 million, not counting the gold, the rarity, the type of coin, and collectors value. Wow!

[bitkilo]

I know this is a really old thread to revive but i just seen a link to it on another post and had to post what a beautiful piece of history this coin has, 1 rumoured to sell for $1,000,000.
Is there anymore of these if someone wanted, unfortunately not me.

I don't think many would mind seeing this again anyway.

It really is a beautiful piece of bitcoin history. You could say that about this thread itself. It's face value, when loaded, would be 5 million, not counting the gold, the rarity, the type of coin, and collectors value. Wow!

Just it's face value worth $5 million, in what currency?

At today's rates it's face value would be about $440,000 USD by my calculations.
Collectors and rarity value would add a bit, then the gold itself would add more but i can't see anyone paying $5mil for one.

[klondike_bar]

I know this is a really old thread to revive but i just seen a link to it on another post and had to post what a beautiful piece of history this coin has, 1 rumoured to sell for $1,000,000.
Is there anymore of these if someone wanted, unfortunately not me.

I don't think many would mind seeing this again anyway.

It really is a beautiful piece of bitcoin history. You could say that about this thread itself. It's face value, when loaded, would be 5 million, not counting the gold, the rarity, the type of coin, and collectors value. Wow!

Just it's face value worth $5 million, in what currency?

At today's rates it's face value would be about $440,000 USD by my calculations.
Collectors and rarity value would add a bit, then the gold itself would add more but i can't see anyone paying $5mil for one.

yea, he missed a zero

[Boosterious]

Now Here:



A real charming 1 ounce gold coin with 1000 bitcoins.

DIAMETER: 30mm

COST: $200 premium over gold spot price (subject to a $1850 per coin reserve), plus shipping, plus you provide the 1000 BTC.  Complete with BTC, this is approximately a $5000 coin.  Shipping is via Registered Mail with insurance.

I will need 3 business days to fill orders.  The coin comes with a gift box and 39mm capsule, including a custom-made Bitcoin-themed acrylic ring to fill the unused space in the capsule.

I will be accepting either BTC or USD wire transfer for this item.  To do this, I had to prepay the gold, which has gone down recently, I am putting my faith in gold going back up and therefore selling subject to a reserve.  This is a coin I am having made on demand, and it doesn't make sense for me to pick up a coin to sell it at a loss.  I need to get at least $1850 per coin, so if gold spot plus $200 is less than $1850, then the coin is not currently for sale (or else is available at $1850 plus BTC and shipping).  This may be the lowest price at which this coin will ever be available.

If you want to pay by USD wire, I can buy your 1000 BTC on your behalf and you pay the actual cost for me to buy it at MtGox.

To order: PM me.  I will provide you a signed agreement to deliver your coin subject to payment.

Registered Mail is the most secure shipping service offered by the US Postal Service, meant for shipping precious metals, gems, and currency.  It comes with full replacement insurance, and each shipment has a full chain of custody from shipment to receipt.  Picking up Registered Mail always requires photo ID.  Approximate cost to ship in the US is $23.00.

Back of coin: Firstbits are discreetly lasered into the top of the coin.  No inkjet, no window.

this is old post,and i dont see this post when posted for first time,its crazy if i buy this casascius in $1850,and safe it until this year,and the price will blow up to $443.000 and that crazy profit with small thing,and this only can happen in bitcoin world,one coin have value up to $443.000
amazing!

[tinus42]

This coin is very rare so if one would be auctioned (at Christies rather than eBay) it would fetch far more than the gold and bitcoin price combined. Many multitudes more.

[elianite]

If anyone wants to make an offer, I know someone who owns one.

[bitkilo]

If anyone wants to make an offer, I know someone who owns one.

Are all the 1000btc coins the same as the one in the pic above, that looks like a "error" coin to me

[elianite]

If anyone wants to make an offer, I know someone who owns one.

Are all the 1000btc coins the same as the one in the pic above, that looks like a "error" coin to me

There are actually three different varieties.
- Series 1 'Prototype'
- Series 1 (as pictured)
- Series 2

[elianite]

If anyone wants to make an offer, I know someone who owns one.

Are all the 1000btc coins the same as the one in the pic above, that looks like a "error" coin to me

There are actually three different varieties.
- Series 1 'Prototype'
- Series 1 (as pictured)
- Series 2

Will this be included in the update??

I believe this is all in the current book. There are three separate pages for the gold coin.

[lascar]

I have a loaded 1BTC 2012 Casascius coin. Would anyone be interested in buying it?

[TommyBitcoin]

I have a loaded 1BTC 2012 Casascius coin. Would anyone be interested in buying it?

You're in the right section, but you should create your own post.    You have to decide public sale or auction.  So, I would look at recent threads and make sure your post looks like theirs, by including the vital info, especially pics of front and back.  A link from imgur with your user name and date written in the background would suffice.

I hope that helps.  

[coblee]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

[chronicsky]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

For a minute , i was like 20 freaking x1000 BTC Cas. 2012 Gold Coins - unless i realized they were unfunded and i was still like 20 freaking x1000 BTC Cas. 2012 Gold Coins

It's sucks that you can't import them to yourself - i'd love to buy one if that'd be possible(if you sell that is)

So you own 20 out of 50 Series 2 x1000 gold coins

[GMPoison]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/  

I was about to lose it until I read in the comment where you said they were unfunded...

Gorgeous coins either way.

[bobbyclee]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

[coblee]

I really don't want to sell any. Don't want to break up my set!  

But of course, there's a price to everything. If someone wants one, make me an offer. Though my reserve price is probably unreasonable. I've turned down an offer of gold spot + $5000 already.

[coblee]

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

For you, I will give it to you for the low price of 10 BTC.

[bobbyclee]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

Charlie,

I'll go ahead and arrange to mine 80 x new coinbase blocks from BTCC right into your coin...
That'll top up the 1,000 BTC nicely, with lots of extra!

Haha...

thanks,
Bobby

[coblee]

Charlie,

I'll go ahead and arrange to mine 80 x new coinbase blocks from BTCC right into your coin...
That'll top up the 1,000 BTC nicely, with lots of extra!

Haha...

thanks,
Bobby

Wouldn't that be something.

[monkeynuts]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

Charlie,

I'll go ahead and arrange to mine 80 x new coinbase blocks from BTCC right into your coin...
That'll top up the 1,000 BTC nicely, with lots of extra!

Haha...

thanks,
Bobby

I need a Lee brother

[AhmedAshraf]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

Charlie,

I'll go ahead and arrange to mine 80 x new coinbase blocks from BTCC right into your coin...
That'll top up the 1,000 BTC nicely, with lots of extra!

Haha...

thanks,
Bobby

I need a Lee brother

I need one too.

[chronicsky]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

I say brothers should get first dibs! 

Charlie, how about giving me one for my birthday?

Charlie,

I'll go ahead and arrange to mine 80 x new coinbase blocks from BTCC right into your coin...
That'll top up the 1,000 BTC nicely, with lots of extra!

Haha...

thanks,
Bobby

I need a Lee brother

I need one too.

we all do

[Kialara]

I blame Charlie for keeping me up this late 

Beautiful.

[zanzibar]

I really don't want to sell any. Don't want to break up my set!  

But of course, there's a price to everything. If someone wants one, make me an offer. Though my reserve price is probably unreasonable. I've turned down an offer of gold spot + $5000 already.

Just tell us your reserve price    How many of these were made?

[Gatorelf]

coolest most beautiful coin ever made 

[Gatorelf]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

[GMPoison]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

Only 5 1000 BTC coins were minted so either these were done himself or Mike did them as some sort of memento.

[zanzibar]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

Only 5 1000 BTC coins were minted so either these were done himself or Mike did them as some sort of memento.

It looks like someone quoted above stated there are 50 Series 2 coins made, not sure if that is accurate.

[GMPoison]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

Only 5 1000 BTC coins were minted so either these were done himself or Mike did them as some sort of memento.

It looks like someone quoted above stated there are 50 Series 2 coins made, not sure if that is accurate.

I believe these numbers to be correct. Unless of course it was coblee who was quoted saying that there were 50 minted, I'm sure he has much more information on it than any of us.

http://www.spotcoins.com/bitcoin/casascius

[Hellot]

Charlie's coins are all BIP38 two-factor coins.  I don't think the trackers track any BIP38 keys that Mike generated. 

[chronicsky]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

Only 5 1000 BTC coins were minted so either these were done himself or Mike did them as some sort of memento.

It looks like someone quoted above stated there are 50 Series 2 coins made, not sure if that is accurate.

There were only 5 main funded 1000 BTC Gold coins ever made, there was 1 prototype or sample i guess am not sure
 and these non funded(2 factor) coins which were 50 mint as stated here by mike himself
https://bitcointalk.org/index.php?topic=54845.msg1982025#msg1982025

[coblee]

I really don't want to sell any. Don't want to break up my set!  

But of course, there's a price to everything. If someone wants one, make me an offer. Though my reserve price is probably unreasonable. I've turned down an offer of gold spot + $5000 already.

Just tell us your reserve price    How many of these were made?

Originally 50 btc, but I considering 20 btc now. It's just tough to break up this set.

Mike minted 50 gold coins. There are 7 or so funded non-BIP38 ones. The rest are either BIP38 like these are they were melted.

[zanzibar]

I really don't want to sell any. Don't want to break up my set!  

But of course, there's a price to everything. If someone wants one, make me an offer. Though my reserve price is probably unreasonable. I've turned down an offer of gold spot + $5000 already.

Just tell us your reserve price    How many of these were made?

Originally 50 btc, but I considering 20 btc now. It's just tough to break up this set.

Mike minted 50 gold coins. There are 7 or so funded non-BIP38 ones. The rest are either BIP38 like these are they were melted.

Yeah, I'm not sure I would break up the set either it's pretty special, but if you do, have something special you want to buy (like another collectible) in mind and then just convert to USD and buy it! Otherwise you'll just be holding BTC and it will seem boring, although if it keeps rising it's definitely not boring. That's how I sell collectibles, I look at it like play money and only sell when I want something else.

[Gatorelf]

https://www.reddit.com/r/Bitcoin/comments/5lvjjr/check_out_my_casascius_1000btc_gold_coins/ 

so these were made in China?   Under permission from Caldwell or no?

Only 5 1000 BTC coins were minted so either these were done himself or Mike did them as some sort of memento.

It looks like someone quoted above stated there are 50 Series 2 coins made, not sure if that is accurate.

yes thats what I was referring to, series two 1,000 btc in the link

[WeedToker420]

Who owns that coin today?

[miffman]

Who owns that coin today?

You may have missed it, but there was a post on reddit from an owner of this coin. It was taken down, but you might still be able to find it.

[Gatorelf]

Who owns that coin today?

You may have missed it, but there was a post on reddit from an owner of this coin. It was taken down, but you might still be able to find it.

well its a fascinating story to me, I bought the book from Elias Ahenon ( great guy)  back in the summer and after reading it I am totally hooked. oh he said he has some hard copies with slightly damaged corner in the San Fran warehouse for very low price. I was curious if anyone remembers what the last sale price was of one of the original 5 1,000 BTC . Also what should one fetch today, like my dad always said its worth what someone will pay for it lol 

The link above showed a set of 20 series two 1,000 BTC which i think some were confusing for the original

[ezeminer]

Who owns that coin today?

You may have missed it, but there was a post on reddit from an owner of this coin. It was taken down, but you might still be able to find it.

well its a fascinating story to me, I bought the book from Elias Ahenon ( great guy)  back in the summer and after reading it I am totally hooked. oh he said he has some hard copies with slightly damaged corner in the San Fran warehouse for very low price. I was curious if anyone remembers what the last sale price was of one of the original 5 1,000 BTC . Also what should one fetch today, like my dad always said its worth what someone will pay for it lol 

The link above showed a set of 20 series two 1,000 BTC which i think some were confusing for the original

Last one's were rumored to have sold for around a million. in today's market I would not be surprised if it gets a couple hundred thousand for a premium on top of the price of BTC and gold.

[Liad.Services]

Really cool .
Are they funded or not?
How did you get this set of 20?
Would be happy to hear some answers if possible

[Gatorelf]

Who owns that coin today?

You may have missed it, but there was a post on reddit from an owner of this coin. It was taken down, but you might still be able to find it.

well its a fascinating story to me, I bought the book from Elias Ahenon ( great guy)  back in the summer and after reading it I am totally hooked. oh he said he has some hard copies with slightly damaged corner in the San Fran warehouse for very low price. I was curious if anyone remembers what the last sale price was of one of the original 5 1,000 BTC . Also what should one fetch today, like my dad always said its worth what someone will pay for it lol 

The link above showed a set of 20 series two 1,000 BTC which i think some were confusing for the original

Last one's were rumored to have sold for around a million. in today's market I would not be surprised if it gets a couple hundred thousand for a premium on top of the price of BTC and gold.

Thanks for info, Have to agree

[coblee]

Really cool .
Are they funded or not?
How did you get this set of 20?
Would be happy to hear some answers if possible

Not funded obviously.
I wish they were. I bought them directly from Mike Caldwell (aka casascius). This was many years back. And I made a custom case for the coins.

[Hellot]

Really cool .
Are they funded or not?
How did you get this set of 20?
Would be happy to hear some answers if possible

Not funded obviously.
I wish they were. I bought them directly from Mike Caldwell (aka casascius). This was many years back. And I made a custom case for the coins.

You might as well burn that case, we are coming for those coins! 

[coblee]

Really cool .
Are they funded or not?
How did you get this set of 20?
Would be happy to hear some answers if possible

Not funded obviously.
I wish they were. I bought them directly from Mike Caldwell (aka casascius). This was many years back. And I made a custom case for the coins.

You might as well burn that case, we are coming for those coins! 

It's going to take a lot for me to break up this set. Asking price is 50BTC per coin.

[zanzibar]

Really cool .
Are they funded or not?
How did you get this set of 20?
Would be happy to hear some answers if possible

Not funded obviously.
I wish they were. I bought them directly from Mike Caldwell (aka casascius). This was many years back. And I made a custom case for the coins.

You might as well burn that case, we are coming for those coins! 

It's going to take a lot for me to break up this set. Asking price is 50BTC per coin.

What happened to the 20btc price  Sell ten of them and have a new 10 coin custom case made!

[coblee]

What happened to the 20btc price  Sell ten of them and have a new 10 coin custom case made!

I sold 1 for 14 BTC: https://bitcointalk.org/index.php?topic=1812466.0
I'm willing to sell a few more now that the set is broken up. 
Send me PM if anyone is interested.

[coin@coin]

What happened to the 20btc price  Sell ten of them and have a new 10 coin custom case made!

I sold 1 for 14 BTC: https://bitcointalk.org/index.php?topic=1812466.0
I'm willing to sell a few more now that the set is broken up. 
Send me PM if anyone is interested.

Nice one! If I could afford I'd get one myself.